Question: Which rate-based decision statistic measures the excess returnthe amount above and beyond the cost of capital for a project, rather than the gross return? A.Internal

Which rate-based decision statistic measures the excess returnthe amount above and beyond the cost of capital for a project, rather than the gross return?

A.Internal Rate of Return, IRR

B.Modified Internal Rate of Return, MIRR

C.Profitability Index, PI

D.Net Present Value, NPV

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